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Nov 29, 2017 Série des Documents de Travail n° 2017-15. An Equilibrium Model of the Market for Bitcoin Mining. 1. 2. Les documents de travail ne reflètent pas la position du CREST et n'engagent que leurs auteurs. Working papers do not reflect the position of CREST but only the views of the authors.

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process known as mining (Chowdbury, 2014). It is a process that involves programmers solving complex math problems with the computers in the network. The total number of. Bitcoins that will be issued is capped at 21 million and it ensures the stable and well. International Journal of Economic Sciences. Vol. IV, No.